University of Fleet

Insights on the latest news & trends in corporate fleet management.

The world of transportation is changing rapidly and the change is driven by the technology that has made ridesharing, car-hailing, and vanpooling easy. This sharing economy is forcing businesses to rethink how they utilize vehicles.

Businesses with fleets of 5 to 5,000 work with Fleet Management Company (FMC) experts to save time and money. FMCs have proven strategies to preserve a fleet’s value, maximize resale values, drive significant cost savings, and improve risk management.

The key to a successful implementation of a fleet management program is communication. Change is never easy. In fact, many resist it. That is why it is important to communicate, communicate, communicate what it is that you are trying to accomplish and WHY.

When you lease trucks for your fleet you may be offered what seems like a very attractive program that covers your lease payment as well as your maintenance for one price. This option is called a full-service lease. It is a conventional lease plus a maintenance agreement blended together and inseparable.

With the economy growing and interest rates rising, business leasing has become a hot topic. Companies are realizing the savings gained through leasing. As a result adoption rates are on the rise. Here are the 10 ways a Fleet Management Company (FMC) can help companies realize real savings through vehicle leasing.

We all have a friend or several who had a bad experience leasing. It happens constantly. They go to a dealership looking for a vehicle. They consider leasing at some point. They are given the choice of $800 per month for the vehicle they want if they buy.